23.06.202604:34:55UTC+00Sensex Trades Flat in Early Deals

India’s BSE Sensex opened largely flat at 77,125 on Tuesday, after advancing in the previous session, as investors paused to take stock of last week’s strong rally and evaluated global market signals. Sentiment remained anchored to developments in global energy markets, with softer crude prices supporting the outlook for the world’s third-largest oil importer. At the same time, uncertainty over the US Federal Reserve’s interest-rate trajectory continued to temper risk appetite across Asian equities.

On the domestic data front, markets are awaiting the release of India’s HSBC Composite PMI flash estimate for June later today for fresh insight into the momentum of economic activity.

Among the notable gainers were Pace Digitek (up 10.7%), EMS (9.4%), Piramal Pharma (9%), and Kirloskar (6.9%). The major laggards included Vedanta (down 6.3%), Infosys (2.7%), and Paras (2.6%).